The UK economy has shown…
Why do we still have…
Oil industry leaders are revising…
Following six years of no major private sector coal power capacity buildout, major private Indian power firms are now vying to install at least 10 gigawatts (GW) of coal-fired capacity…
Aliko Dangote, the owner of Africa’s largest refinery and Africa’s richest person, is looking to set up a trading firm that would handle crude supply for the new mega refinery…
Climate Fund Managers, a fund manager focused on climate, is launching a $1.3-billion energy fund to finance cross-border energy transmission infrastructure in Southern Africa, aimed at strengthening the power grid.…
A Turkish oil terminal on the Mediterranean will stop importing Russian oil amid intensified U.S. sanctions pressure on Moscow’s exports, the terminal’s operator told Reuters on Tuesday. Global Terminal…
Spain is seeking a tougher EU-wide coordination on handling imports of Russian LNG, Spanish Energy Minister Teresa Ribera told Bloomberg in an interview published on Tuesday. The EU…
A company backed by the world’s biggest independent oil trader, Vitol, is nearing a deal to buy a 90%-plus stake in Adriatic LNG, Italy’s largest import terminal, from ExxonMobil and…
Bullishness is returning to the oil industry, with prices set to go considerably higher in case the conflict in the Middle East escalates, RBC’s Helima Croft told
Tellurian eyes the final investment decision for the first two trains of its Driftwood LNG plant before the end of this year. The news comes soon after the Federal Energy…
China will seek to reduce the energy intensity of its economy by 2.4% this year, Bloomberg has reported, citing a government document. “As the economy continues to recover…
Oil prices shed over 1% on Monday despite rising tensions in the Red Sea and on the front lines of the Israel-Hamas conflict, with OPEC+ extending voluntary production cuts and…
Exxon and Malaysia’s state-run Petronas will extend exploration for a gas discovery off the coast of Suriname, the country’s national oil company, Staatsolie, said on Monday. Eyeing a repeat of…
The UK windfall tax on energy firm profits is expected to be extended by another year to 2029 this week during the annual budget speech later this week, Reuters reported…
Russia’s announcement that it would focus on cuts to oil production instead of exports in its voluntary supply reduction within OPEC+ in the second quarter could be the result of…
India expects companies to invest nearly $5 billion in a network of natural gas pipelines in its northern and northeastern states and federal territories, including Kashmir, India’s Minister for Petroleum…
Oil and gas companies could be a source of additional funding for a UN climate financing to help developing economies cope with the consequences of climate change, according to a…
Despite the struggles of the EU solar manufacturing industry faced with cheap Chinese panels, the bloc cannot close its borders to cheap solar imports, according to European Commissioner…
The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding bill up for discussion at U.S. Congress says.…
EQT Corporation, currently the largest U.S. natural gas producer, said on Monday it would strategically curtail output in March in response to low benchmark natural gas prices in America.…
International development banks that have shunned funding for nuclear power generation projects for decades, need to overcome opposition from some stakeholders and begin backing such plants, Rafael Mariano…
The Yemeni Houthis have said attacks on ships in the Red Sea will continue, saying they will target British-linked vessels. The announcement follows the sinking of the Rubymar on Saturday.…